Subject: FW: Form 13F Reporting Threshold for Institutional Investment Managers
From: Bill Reid
Affiliation:

Aug. 25, 2020

To whom it may concern regarding SEC proposed 13F changes:

The SEC’s proposal to raise the reporting threshold results in less transparency and therefor is a step backwards.
The few funds this would benefit from this change is not worth the action.
Changes that result in less transparency is not the direction the SEC should take which would harm far more investors and companies seeking transparency for the sake of the market. 

Bill Reid
Investor